A bill to amend the Energy Policy Act of 1992 with respect to the Department of Energy Tribal loan guarantee program, and for other purposes.

1/3/2025, 6:58 PM
Read twice and referred to the Committee on Energy and Natural Resources.
Bill 118 s 5635, also known as the Department of Energy Tribal Loan Guarantee Program Amendment Act, aims to make changes to the Energy Policy Act of 1992. The main focus of this bill is to enhance the Department of Energy's Tribal loan guarantee program. This program provides financial assistance to Native American tribes for energy development projects.

The proposed amendments in this bill seek to streamline the application process for tribes seeking loan guarantees, increase the maximum loan guarantee amount, and extend the program's authorization through 2025. Additionally, the bill includes provisions to improve transparency and accountability in the program's administration.

Overall, the Department of Energy Tribal Loan Guarantee Program Amendment Act aims to support Native American tribes in developing clean energy projects and promoting economic growth within their communities. The bill is currently under consideration in the US Congress and has bipartisan support.
Congress
118

Number
S - 5635

Introduced on
2024-12-19

# Amendments
0

Sponsors
+5

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Read twice and referred to the Committee on Energy and Natural Resources.
Bill 118 s 5635, also known as the Department of Energy Tribal Loan Guarantee Program Amendment Act, aims to make changes to the Energy Policy Act of 1992. The main focus of this bill is to enhance the Department of Energy's Tribal loan guarantee program. This program provides financial assistance to Native American tribes for energy development projects.

The proposed amendments in this bill seek to streamline the application process for tribes seeking loan guarantees, increase the maximum loan guarantee amount, and extend the program's authorization through 2025. Additionally, the bill includes provisions to improve transparency and accountability in the program's administration.

Overall, the Department of Energy Tribal Loan Guarantee Program Amendment Act aims to support Native American tribes in developing clean energy projects and promoting economic growth within their communities. The bill is currently under consideration in the US Congress and has bipartisan support.

Comments

Recent Activity

Latest Action12/19/2024
Read twice and referred to the Committee on Energy and Natural Resources.